What Trump's 10% credit card rate cap would mean for consumers
Capping credit card interest rates at 10% could save consumers billions of dollars, but potentially hurt lower-income Americans, experts said.
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Capping credit card interest rates at 10% could save consumers billions of dollars, but potentially hurt lower-income Americans, experts said.
President Trump called for a one-year cap on credit card interest rates late Friday, an idea that has drawn strong support from lawmakers in both parties but pushback from card issuers.
Shoppers will need to plan ahead as some grocery stores and retailers will be closed on Thanksgiving or have reduced hours.
Doug Lebda died on Sunday in an all-terrain vehicle accident, according to LendingTree.
With credit card debt at a record $1.2 trillion, experts are urging cardholders to rethink their strategies before the costs outweigh the rewards.
CBS News Miami's Joe Gorchow reports how the man is working his way out and the nonprofit that helped him out.
The man allegedly used his business to open credit card accounts in victims' names and then use those cards to pay for tax preparation services.
Americans struggling with credit card debt hope relief will come with more expected interest rate cuts later this year.
Americans struggling with credit card debt hope relief will come with more expected interest rate cuts later this year. However, for many, they find themselves in a tough spot.
Visa exploits its market dominance to stifle competition, costing consumers and merchants billions in extra fees, feds allege in a lawsuit.
The Fed has slashed borrowing costs for the first time in more than four years. Here's how that would impact people with credit card balances.
With credit card debt reaching a record high, consumers looking to save a few bucks should reacquaint themselves with the virtues of cold, hard cash.
Inflation drops to lowest level since July, but credit-card delinquency has gone up in some South Florida cities.
More Americans are maxing out their credit cards, especially younger people. CBS News Miami's Ivan Taylor spoke with a finance professor and shared her solutions.
Miami-Dade County Public Schools have a new policy regarding credit cards, following the arrest of Lubby Navarro.
The cards will cost more but also offer enhanced benefits, including restaurant and rideshare credits.
U.S. economy continues to plow ahead, as holiday shoppers shell out more on gifts this year than predicted.
Customers don't realize what the nation's second-largest credit card issuer is doing with their personal data, according to PIRG report.
Temperatures will soar to around 90 degrees Thursday afternoon, but it will feel hotter when you factor in the humidity.
Oil prices hit a 4-year high as Axios reports Trump will hear new options to try to break the Strait of Hormuz standoff with Iran with a new wave of attacks.
James Ernest Hitchcock was convicted of raping, beating and killing his step-niece in 1976.
A ceremony will be held at Miami International Airport ahead of the first flight on Thursday morning.
The Coast Guard will run out of funding to pay personnel on May 1, with the first missed paychecks expected May 15.
Temperatures will soar to around 90 degrees Thursday afternoon, but it will feel hotter when you factor in the humidity.
James Ernest Hitchcock was convicted of raping, beating and killing his step-niece in 1976.
A ceremony will be held at Miami International Airport ahead of the first flight on Thursday morning.
The Coast Guard will run out of funding to pay personnel on May 1, with the first missed paychecks expected May 15.
An 18-year-old content creator is suing popular online creator Braden Peters, known to his followers as "Clavicular," and the allegations in the complaint are disturbing.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The Coast Guard will run out of funding to pay personnel on May 1, with the first missed paychecks expected May 15.
The budget blueprint is the first step in Republicans' two-pronged plan to end the Department of Homeland Security shutdown.
Former Florida governor and U.S. Rep. Charlie Crist is running for mayor of his hometown of St. Petersburg.
Spirit Airlines only has enough available cash to continue operations for a matter of days, not weeks, and talks for a government-backed rescue of the no-frills carrier have stalled, sources say.
President Trump said he and Russian President Vladimir Putin spoke Wednesday about Ukraine and Iran.
In an interview on Facing South Florida, Wasserman Schultz said the Governor's efforts to redraw the maps will almost certainly violate the Fair Districts constitutional amendment voters in Florida passed in 2010.
Several commissioners have raised questions about how the center would be funded in future years.
The center – which was promised to voters back in 2004 – would take mentally ill individuals out of the jail and move them into a place where they can receive comprehensive treatment and support.
Luna said she expects Florida Democrat Sheila Cherfilus-McCormick to be the next member who either resigns or gets expelled.
Uthmeier was asked several times during a press conference in Miami this week if he had formally requested the judge overseeing the grand jury to keep the findings secret.
Seventy-three percent of Americans say delays and denials of medical treatment by healthcare insurers are a major problem. Now, a company called Sheer Health says they will fight insurance battles on behalf of their clients.
An unlicensed cosmetologist from Florida has been found guilty in a California court for providing an injection that killed a model who was known as a Kim Kardashian lookalike, prosecutors said.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
AARP is sounding the alarm because it is so easy to fall for these schemes, but there are simple things everyone can do to protect themselves.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Jake was at the funeral for one of his closest friends when he learned of his parents' deaths, he said.
Michael Tilson Thomas, the 12-time Grammy Award winning composer and famed conductor who led the San Francisco Symphony for a quarter century, has died.
Afrika Bambaataa, a rapper and producer, was best known for breakthrough tracks like 1982's "Planet Rock" and for founding the Universal Zulu Nation art collective.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
The rapper formerly known as Kanye West being denied entry into the U.K. has raised questions over the star's upcoming performance in Italy.